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Peter Schiff: MSTR’s holdings are approaching the 5% target, but the BTC price could fall back below $60k.

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ME News, April 27 (UTC+8). Gold bulls and well-known Bitcoin bearish commentator Peter Schiff posted on X, saying that Saylor predicted that if Strategy ($MSTR) accumulates 5% of the Bitcoin supply, BTC would reach $1 million per coin. However, MSTR’s current holdings have already reached 3.9%. If it continues buying the remaining ~231.7k BTC and the marginal impact on price is the same as before, BTC’s price could fall below $60k, opposite to Saylor’s prediction. (Source: ChainCatcher)
MSTR-2.06%
BTC0.31%
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